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Lori Greiner didn’t just invest in a product; she practically adopted it. Over the years, she’s been all-in with one of her most successfulShark Tankinvestments, a product that’s now cruising toward $1B in lifetime sales.
From dreaming up the idea to watching it explode in popularity, this partnership was more than just business – it was like going on a vacation with a dream come true.
Greiner couldn’t have been more satisfied with how it all played out, and she’s proud to see this gem make waves in the world. Talk about a billion-dollar baby!
From $140K to $1B: How Lori Greiner andScrub Daddybuilt a legacy together
Lori Greinerbuilt a billion-dollar bond withScrub Daddyfounder Aaron Krause. Over the years, Greiner and Krause turned a humble sponge with $140K in sales into a global powerhouse, now on track to hit $1B in lifetime sales.
Greiner first spotted the product’s potential during Krause’s 2012Shark Tankpitch. With its smiley-faced design and QVC-ready demo,Scrub Daddychecked all her boxes: highly demonstrable, unique, and backed by a passionate founder. She swooped in with a $200K deal for 20% equity.
In an interview withPEOPLE,she said,
Scrub Daddy came in, he had one little sponge, he needed help with his packaging, he had $140,000 in sales, that was it, and we have taken it now to a multi-billion dollar company and an international global company.
UnderGreiner’s guidance,Scrub Daddygrew from a niche sponge to an international sensation. They revamped its packaging, streamlined distribution, and created jobs worldwide.
“Unironically what the richest man in the world is currently working on”: Shark Tank’s Wildest Pitch Is What Elon Musk Is Trying to Make a Reality
The bond between Greiner and Krause deepened over the years. Vacations, holidays, and shared milestones transformed their partnership into family-like friendship. She shared,
Not only am I super close to him and his family, I’ve gone on vacations with them, I have had holidays with them, they’ve enriched my life by who they are and that friendship.
From global job creation to humanitarian efforts, the success ofScrub Daddytouched lives far beyond its headquarters.
Shark Tank: 3rd Richest Shark After Mark Cuban, Kevin O’Leary Said Entrepreneurs Must “Fail a Couple of Times” for Him to Be Interested in Them
Not just a sponge, but a legacy.
Mastering work-life harmony: Lori Greiner’s tips for thriving together
Lori Greiner says work-life balance isn’t easy, butshe’s got tips to make it doable. The self-made millionaire shared her secrets on social media, blending personal and professional life with a touch of finesse. She wrote,
Work/life balance isn’t easy, but here are some of my tips on how I handle it. #tips #worklifebalance … Being included is probably one of the best things that we can do and gifts we can give to those that we love.
Her biggest advice: Include loved ones in your work world.
Greiner highlighted that for entrepreneurs, long hours can lead to loved ones feeling left out — creating emotional strain. Her solution? Collaboration and inclusion to keep both worlds thriving.
Work-life harmony, the Greiner way.
“Because you have to dress…”: Daymond John Defended Why Shark Tank Pitches Are Overly Dramatic
Shark Tankis available to watch on Hulu & Apple TV.
Heena Singh
Editor | Former Senior Writer
Articles Published :1457
Heena Singh is a Editor at FandomWire, spent the last two years making waves in entertainment journalism. With a knack for digging up blockbuster celebrity scoops and an uncanny nose for the latest buzz, Heena’s articles bring a fresh and fun perspective to life. When she’s not conquering writing challenges, you’ll find her curled up in bed, peacefully sleeping.
